BFG Federal Credit Union Announces Promotions Within Executive Leadership Team


Akron, Ohio – BFG Federal Credit Union is pleased to announce two promotions within their executive leadership team: Cheryl Foster to President/CEO and Sarah Likovetz to Executive Vice President.

Ms. Foster, who previously served as Executive Vice President under the recently retired CEO, has been a part of the organization for more than 40 years. Throughout her career at BFG Federal Credit Union, she has played key roles in the expansion of services and strategic growth initiatives including doubling membership and increasing assets to over $155 million. She served on the Board of Directors of the Summit County Chapter of Credit Unions and is a long-time member of the Credit Union Executives Society.

Mrs. Likovetz, another long-term employee of BFG Federal Credit Union with more than 27 years of industry experience, was a compliance officer managing regulatory risk and internal policies prior to her promotion to Executive Vice President. Mrs. Likovetz is a CPA and a graduate of Kent State University. She lives in Hudson with her family.

“We are excited to welcome Cheryl and Sarah to their new roles at BFG Federal Credit Union,” said Peter Bowler, Chairman, Board of Directors. “Both Cheryl and Sarah are proven industry professionals with experience driving results and developing innovative strategies for success. We look forward to continuing our legacy of community investment and building a strong future under their leadership.”

BFG Federal Credit Union is a full service federally insured institution established in 1935. Today, BFG Federal Credit Union is one of Ohio’s largest credit unions with more than 24,000 members with over $155 million in assets. Their successful growth as a leading full-service financial institution providing local bank services is due to the satisfaction and loyalty of members. For more information call 800-306-4400 or visit

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